Core Viewpoint - Shandong Tianyue Advanced Technology Co., Ltd. successfully listed on the Hong Kong Stock Exchange on August 20, 2025, with an initial public offering price of HKD 42.8 per share, raising approximately HKD 2.044 billion [2][3]. Company Overview - Established in November 2010, Shandong Tianyue Advanced Technology focuses on the research, production, and sales of silicon carbide single crystal substrate materials [2]. - The company adheres to the business philosophy of "Advanced, Quality, Sustainable," emphasizing product and service quality while actively expanding its market presence [3]. Financial Services - Shenwan Hongyuan Securities (Hong Kong) Limited acted as the joint bookrunner and lead underwriter for the IPO, demonstrating a commitment to professionalism and responsibility throughout the process [3]. - The firm plans to continue providing comprehensive financial services to the company, leveraging its market experience and investor coverage advantages [3].
申万宏源香港助力山东天岳先进公司在香港联交所主板成功上市
申万宏源证券上海北京西路营业部·2025-08-21 02:01